Bent Creek, Inc. is considering buying out a competing firm and closing most of the competitor's factories. The firm has identified the various stakeholders and their issues and gathered the available data. Everyone with an interest in the issue has engaged in brainstorming and evaluating alternatives. Management reviewed and refined the alternatives, and then chose a course of action. If the managers are not confident about the decision, they should

Question

Quizplus · Accepted Answer

If the managers are not confident about their decision, the best choice would be to reexamine their alternatives. This will allow them to reassess their options and gather more information if necessary, which could ultimately lead to a more informed and confident decision. Simply lowering their offering price, consulting customers, trusting their instincts, or choosing the least risky option may not necessarily address the root cause of their lack of confidence and could potentially lead to negative consequences.